Treasury Laws Amendment (A Tax Plan for the COVID-19 Economic Recovery) Act 2020 (92 of 2020)
Schedule 5 Enhancing the integrity of the R&D Tax Incentive
Part 2 R&D clawback and catch up amounts
Income Tax Assessment Act 1997
31 At the end of subsection 355-525(2)
Note 1: A deduction under this subsection is not a notional deduction (see subsection 355-105(2)).
Note 2: A deduction under this subsection will result in a catch up amount for the partner (see section 355-467).